Global AI market set to soar to $990 bn by 2027: Bain
The report noted that AI will drive data centre growth, with power consumption rising from today's 50-200 megawatts to over a gigawatt.
The report noted that AI will drive data centre growth, with power consumption rising from today's 50-200 megawatts to over a gigawatt.
As AI and accelerated digitisation take centre stage, data centre business is headed for a multi-decadal growth story.
The financing initially secures $875 million, with an option to extend it to $1.44 billion
The more AI progresses, the more it poses a risk. Regulations, checks and balances and controls need to be built wherever there are vulnerabilities
AWS says investment in data centre infrastructure in India will support about 1.31 lakh full-time equivalent jobs each year
Hiranandani Group, the Adani Group, in a joint venture with EdgeConnex, the Reliance Group have started investing massively in data centres.
The Hong Kong-based real estate company will build industrial and logistics parks, urban distribution centres, and data centres in the state.
Over 69% of this planned new supply will come up in Mumbai and Chennai, with 51% in Mumbai alone.
Many customers, as per Flex CEO Revathi Advaithi, are interested in a ‘Made in India’ strategy to support their growth markets.
The Adani group is looking to build a network of hyperscale data centres in six Indian cities.